Skip to main content

About your Search

20121206
20121206
STATION
CNBC 5
CSPAN 3
CSPAN2 3
FBC 3
CNN 2
CNNW 2
KPIX (CBS) 1
WBAL (NBC) 1
WBFF (FOX) 1
WJZ (CBS) 1
LANGUAGE
English 27
Search Results 0 to 26 of about 27 (some duplicates have been removed)
FOX News
Dec 6, 2012 1:00pm PST
that those watching at home never mind. the fiscal cliff is bearing down on us. they might settle 0* reece's pieces in the senate cafeteria for a special screening of lincoln. we will keep you posted on these developments. >> stop getting on youtube so you can see "gangnam style." and start using the precious social media skills to go out and sign people up on this baby. three people a week. let it grow. >> did you ever think this is what rome looked like in its final days? it is arguably the best fiscal video i have ever seen. the 81-year-old former debt commission co chair is shaking his money maker in hopes of getting young people engaged in the set issue. since it is teaming up with a group called the can kicks back. nick, were you the can? >> no, that was my colleague, ryan. he got the short stick on that one. >> i don't think so. i would have paid dearly for that spot. your point is what with this wake up young people to help with an issue. you guys really are going to get the bill. >> we know debt is not the sexiest issue for our generation, but it is the most important. that's why
CBS
Dec 6, 2012 6:00am EST
to falling off the fiscal cliff this morning. while the major players are still not sitting down to talk, there's some good news believe it or not this morning. here is suzanne mcginnis. >> social security workers marched outside they're office in baltimore wednesday. they're protesting the governments cuts to kick in at the end of the year. sdmrsz -- >> we don't want to see our public hurt. >> just down the road in washington dc the stand off continues. house speaker john boehner said he's still waiting for president obama to make his next counter offer to the republican plan he rejected. >> i'm going to need a response from the white house. we can't negotiate with ourselves. >> the president and boehner spoke on the phone wednesday. republicans want more. >> we want to sit down with the president. we want to talk specifics. >> whether the talks happen on the phone or in person here at capitol hill or at the white house there will be no deal without a compromise on taxes. >> i'm obsession to raise taxes is not going to solve the problem. >> timothy gitner said the white house is willing
CNBC
Dec 6, 2012 4:00pm EST
and your meeting and really zero in on the fiscal cliff. before we do that, i want to get to the situation around hewlett-packard and autonomy. of course, hp taking a massive write down on the acquisition of autonomy. ceo meg whitman throwing deloitte under the bus in some sense because the firm was among those charged with examining the books before the deal. what can you tell us about what you did in terms of overseeing the books at autonomy and what do you say now that she's charging this fraud? >> sure, maria. unfortunately for us, that matter has been turn the over to investigation and the authorities. believe it or not, that's one of the things i'm not on the hot seat about. that's part of the u.k. member firm. >> of course, this is an issue at the form. it's a big deal. >> it's important to us. unfortunately, we can't comment on that. our member firm has put out a statement. we believe we held up to professional standards. >> during that time, there was no questioning on the part of hewlett-packard in terms of saying, hey, did you find anything? it just seems like it came up from no
CNBC
Dec 6, 2012 6:00am EST
the fiscal cliff. consumer confidence has remind high. business confidence is down so the first thing we want to know, that's not the right chart, we want to do on whether or not people heard about the fiscal cliff. have you heard of it? comparing it to some of the other times people asked about news event, there's the trayvon martin shooting in the street, occupy wall street, 82%, facebook ipo 7 %, 70% of the republic has heard it compared to the fiscal crisis in greece, 63% had heard it. in that number 36% had read a lot about it or heard a lot about it. do they believe a solution is likely? our numbers different from other poles. americans are more optic. first of all see what they think, unlikely 73% back in november when we asked about the debt program would there be an agreement, 73% saying that, now 44%. the number you want to think is 4% to 44% thinks a solution is likely. who thinks it's likely, that's interesting and driving this number. he can break it down by party. look at what we find, republicans 52-42, independents, i come back here, there we go, independents 47-32 and it's re
FOX Business
Dec 6, 2012 1:00pm EST
: this is one of those markets with a lot of anticipation. every focuses on the fiscal cliff. tomorrow is the all-important jobs report for a lot of folks have been hearing more economic news which has been more dismal lately. talk about more layoffs they have seen in november. right now the market is not too far off the unchanged line. the acidity holding 1400. the tech of the nasdaq still below 3000. today apple is now moving into the green and that is one of the reasons why it is holding on to a quarter percent gain. apple $700, 705 in september traded as low as 518 today. certainly has been under significant pressure, however people use that as a buying opportunity which is evidenced in the two-day chart. with the fiscal cliff fast approaching, naturally it's about time lawmakers took a long recess. >> they're gone today, but will be back tuesday. it meets with small businesses in their district, they will highlight what they say i see ae small business tax hike president obama is pushing. the president is skipping town also for a quick stop in northern virginia. there he will meet
CNBC
Dec 5, 2012 11:00pm EST
and knock me out. apple. if we're going off the fiscal cliff, we know capital gains tax rates are going higher, right? right? that's obvious. do you really think the republicans have the power to keep those capital gains rates down? apple's become a referendum on the president's power and polling. right now he has the upper hand, then he can really roll them and intends to do so. it's reasonable to take some profits so you can pay the tax man less now rather than more later. it's a wimpy thing, it's logical, makes perfect economic sense. especially if you hold apple. so the stock gets hammered. it makes sense to sell it. but let's be less emotional and even clinical about this one. first, divide apple's share price by ten, now you have a stock that got crushed down to $54. when you do that arithmetic, it isn't all that scary, is it? where does the pessimism fit in? when we have to endure the pin the tail on the selloff game, what excuses for the selloff, myriad alibis i hear from today's action. apple's losing share to google, it doesn't have the right phones in europe, nokia's making a
CNN
Dec 6, 2012 6:00am PST
. amanda says i can't afford to go off a fiscal cliff. i'm cutting down in expenditures and gary says i'm prepared to get my passport and look for a new country. stick a fork in it.
FOX News
Dec 6, 2012 3:00am PST
attention to the fiscal cliff. he made this as part of a nonpartson group because you can not be partisan and do gangam style. the can kicks back, they're urging young americans to help solve the nation's crisis. simpson was one half of the simpson bowles commission tasked with tackling the debt and deficit. >> gretchen: the reason he didn't kick the can was because he had a plan that you wouldn't have to kick the can. you would actually put our fiscal order better off. speaking of the fiscal cliff and social media and getting the message out to young people, we know what lawmakers are saying, but what about the taxpayers? ainsley earhart joins us with disheartening answers to say the least. >> some of these responses are pretty funny and yes, obviously not watching the news and keeping up with where their money is going. >> brian: they're not watching the 5:00 a.m show? >> they need to be. i don't know why they're not. maybe they will now. it's their money, it's their bank account. so of course, they know all about the fiscal cliff. right? well, not so much. i went to times square to fin
CNBC
Dec 6, 2012 2:00pm EST
-store sales were down last plont. it actually blamed the fiscal cliff in part, as well as super storm sandy. the ceo said consumers were distracted by the cliff. the storm and the election. staying with clothing, vera bradley -- well, handbags. those shares also tanking and they are blaming sandy as well but also noted their holiday season is off to a slow start. jeffri jeffries raising the tart fro tm $22 to $20. not all bad news. finisar, higher demand for tranceivers. what else? the stock down 17% year to date. finally, zynga. take a look at shares. they are up nearly 7% because they filed for a gambling license. that is right. the virtual game company wants to become a real poker company. let's bring in julia boorstin with more on this zynga story. seems like if they get it, a completely transformative thing. >> it would be transformative and zynga's definitely pushing forward with its plans to eventually make money from online gambling but the key thing here is that this is really a ways off. the stock soared as much as 9% higher this morning after it came out that zynga applied for re
FOX Business
Dec 6, 2012 6:00pm EST
the fiscal cliff k and -- cliff, and now simpson is silly too. look at simpson dancing. ♪ gerri: so this is simpson with his program, the can kicks back, a play on kicking the can down the road. will this get the bowl down the field? >> what people are not notices right now is that under current law, existing tax rates are going up a lot january 1st. gerri: right. >> the president says, oh, go back a little bit to clinton's old tax rates, but he's not because clinton's rates affected everyone, not just the small sliver of the population. a 3.8% unearned income tax is kicking in on january 1st. gerri: obamacare. >> capital gains going from 15% to that 25*%. dividend taxes going 15% to 44% under current law without a thing done as far as the president obama wanting the taxes on the rich to go up. he's already done it. there's 1% medicare tax on people who earn over $250,000 a year. gerri: income tax. >> a payroll tax strictly. it's added to the medicare tax that's taken out, makes a small stop in the trust fund, and funds another program that the president likes. this is the problem.
CNN
Dec 6, 2012 4:00am PST
get hit in the early part of the area if we go over the fiscal cliff, but the fundamentals of the economy are still good. >>> all right. apple stock dropped more than 6% yesterday. shares were down about half a percent in pre-market trading this morning. no concrete news pushing them down, but today there's another hearing in the patent case with samsung in california. and a tech research report generatored a lot of buzz that apple's tablet competitors could eat into its market share. >> interesting. >> thanks, christine. >>> well, the good news is, let's do the fiscal cliff and the good news. and it's not very much. but at least the two sides are talking, by phone. not face to face. house speaker john boehner and the president are hoping to break the fiscal cliff ice. now we're just mixing metaphors, left and right. speaking on the phone, 26 days left, of course, until we tumble over the cliff or slide down the slope or fall off the precipice or however you want to put it. we could, of course, face massive tax hikes, spending cuts. that's what the fiscal cliff is all about
FOX Business
Dec 6, 2012 4:00pm EST
that the ramifications of the fiscal cliff, um, will be important. i'm optimistic that we're going to get some leadership in washington that'll actually save us from having to go off that cliff or down that hill, if you will. but i think we are -- there's uncertainty. and whenever there's uncertainty, the market will have less volume in it. liz: tom kloet, good to see you. >> thanks for having me. liz: ceo of the tmx group. david: a u.s. plant right in the heart of canada. they don't realize it yet. [laughter] good to see you. >> thank you. david: well, is now the time to buy apple? a morningstar senior equity analyst thinks so and says some of the blame for the recent decline should fall on washington. why? find out why, coming next. liz: plus, choice hotels expanding its upscale brand right here in america. they must believe that there's a real market here. find out why they're starting three brand new upscale ones at least here in new york. steve joyce, choice hotels ceo and president, joining us after the break. ♪ music is a universal language. but when i was in an accident... i was worried the hea
CNBC
Dec 6, 2012 6:00pm EST
to get on tv and tell us we don't know what we're doing and going over the fiscal cliff and he's real upset and angry and stuff and then the stocks won't go down 10% because of that senator or congressman or that treasury guy and then you get a chance to buy high-quality companies kept down for washington. let's wait for the next gas bag to grab the mike and we'll get them cheaper. in washington, will you please get out of our way? we've got a genuine boom brewing if only washington would rise above and set it free. "mad money" will be right back. >>> coming up -- fueling the future? there's new data out about the positive impact of natural gas on the u.s. economy and employment. could exporting this domestic power be our ticket to a bright future? and how could you hop aboard the trend? tonight, cramer drills down on the issue with dominion resources ceo. >>> and later, agita over apple. while the most coveted gifts, weigh on investors. should you step in now? or is the worst still to come? don't miss cramer's take. >>> plus -- welcome home? you've seen the headlines. the housing mar
FOX
Dec 6, 2012 6:00am EST
... of holiday festivities.the seasonal down the ocean.u can enjoy.... falling off the fiscal cliff. poing against the graan... to prevent theeworst case scenario.you're watching fox 45 morning news.. all local.. all mmrring. ((break 2)) 3 3 3 ((bump in)) for children made homeless by superstorm sandy, christmas will be a bit merrier and brighter.. thanks to a 5-year-girl in southeast baltimore.keith ddniels tells us about the little girl's idea... that's now gone viral. sadie mirjafary is a 5-year-old álittle giil..á with aaábigá heart.... she's ccllecting toys for christmaa to be delivered to children made homeless bb ssperstorm sandy.(sadie) "i don't think santa clause will know where their houses.. ecause they don't have a house. i thiik i'm going to be the one to knows hat she's ágettingá holiday presents.. that makes her happy. so does the joy of ágivingá.(sadie) "i want likee they can have their toyss cause they don't have any toys anymore." sadie's toy drive started about two weeks ago.. after she saw a story pbout the ddvastation left kids toys...(ms. mirja
Current
Dec 6, 2012 3:00am PST
the road. not that far down the road but get into 2013, get the fiscal cliff thing behind us. why? >> i think tom coburn and the president have slightly different reasons for it. but the problem with just doing tax reform when you don't have the rates going back up is that these deductions and credits that we're going to have to go after to reform, they primarily benefit people at the top. but they also benefit middle-class families. and if you just change those then what you end up doing is raising taxes on middle-class families as well. to get the same amount of revenue. in other words, if you're trying to get a revenue target, let's say $1.6 trillion which is what the president wants. you try to do that just by reforming the code, without the rates. you don't touch the rates. the only way to do it is to get the money out of the middle class. the president doesn't want to do that and most people don't want to do that. but if you let the rates go back up, you're basically halfway to your revenue target and you can
CSPAN
Dec 6, 2012 1:00am EST
with the fiscal cliff -- >> i will be here and will be available any moment to sit down with the president p to get serious about solving this problem. >> does the conference realize that you don't seem to be negotiating? >> our members believe strongly that raising tax rates will hurt the economy. closing loopholes, especially on those who are wealthy is a better way to raise this revenue than raising rates because raising rates will hurt the very people we are expecting to help create jobs in our country. thank you everybody. captions copyright national cable satellite corp. 2012] \[captioning performed by national captioning institute] >> house democratic leader spoke with reporters in the capital. this is 15 minutes. >> we are back. >> i know that you appreciate that we all have a day job and this is part of it. but we want to make sure that our ranking members that he leaves so effectively to make sure that we get all the members. let's start with you. >> allowing the middle class tax cuts, the debt limit on the table. >> consider that the republicans agree the new income tax will be a
CBS
Dec 6, 2012 5:00am PST
. and we have this thing that "fiscal cliff," that so-called "fiscal cliff" "fiscal cliff" that we're sick of. how is that going to impact the whole job situation? >> reporter: you know, for a while it looks like it wasn't going to but in recent surveys we see that businesses are putting off investing and hiring until congress and the president finish their wrangling. i think the reason is pretty clear. uncertainty over taxes and the impact of scheduled government cuts on the economy is really making it hard for companies to plan. so instead, they are keeping their spending in a wait-and- see mode and again, that's going to persist until we get resolution. for more on the jobs report preview, go to moneywatch.com where we warn that things could get ugly in the labor market before they turn around. >> okay. jill schlesinger, editor at large for cbsmoneywatch.com, thank you. >>> i'm going to have to separate my coanchor and our weather guy because we have a quasi denver bronco fan here, she grew up there. we'll let her have that. quasi. and a huge raider fan. >> and they play tonight. huge r
CSPAN
Dec 6, 2012 10:00am EST
as soon as we can so we don't have to keep worrying about going over this fiscal cliff but it's up to the republicans to decide how long it's going to take and how much financial stress middle class families and the rest of -- and the rest of america have to endure before we reach an agreement. >> c.b.o. and the federal reserve have both forecast the -- if we have the fiscal cliff, unemployment will go up substantially. is that something you're willing to see happen if the republicans continue to refuse to compromise? >> we've kicked the can down the road for too long. we're not going to do it anymore. we want certainty. the only way to have certainty is to have the rich pay a little bit more. the meetings with the business round table and other groups i've met with, including the business round table, the people who are making this money, they're willing to pay the extra money. the american people believe they should pay the extra money. there's polls out today, by a 2-1 mar general the american people believe this to be the case. the only people in america who disagrow with that
CSPAN
Dec 5, 2012 8:00pm EST
they know is wrong. as you know, they talk about the fiscal cliff. some people say it's a slope. somebody said it was a bungi jump. somebody said it was a skate board trip, down and then up and so forth. bottom line, i think, it's no way to govern. it is a giant mistake to have all of this in a pool of ambiguity, and as i understand it now, you would know more. i mean, it truly is a stalemate. they are not talking. >> now, you point out that it's the same player, and, i think, you'll agree player that is matter most are the president, speaker boehner. what do we know about the personal relationship that might illuminate what's going on right now? >> well, they started out last year when they were working on the debt ceiling, and they had what are calledded the merlot and nicorette's meetings. in other words, boehner would have a merlot, and obama would chew nicorette. >> you point outside in the book somehow when they took the official photo, both of those vanished. >> yes. they had iced tea there for obama. of course, boehner had his seg represent, and they put the cigarette in the ashtr
CSPAN
Dec 5, 2012 11:00pm EST
thinks they know is wrong. as you know they talk about the fiscal cliff. some people say if the slope. some say it's a bungee jump. somebody says it is seascape word trip that's going to go down and up and so forth. bottom line i think it's no way to cover. it is a giant mistake to have all of this innate pool of ambiguity. as i understand it now coming due at no more. it truly is a stalemate. they're not talking. >> you point out the same players and the players who matter most are the president, speaker boehner. what do we know about the personal relationship that might eliminate what's going on right now? >> they've started out last year when they were working on the debt ceiling and they had buber called the merlot and nicorette meeting come in other words, boehner would have a merlot and obama which you nicorette. >> you point out in the boat somehow when they took the official photo, both of the spanish. >> yes, they had iced tea for obama. of course boehner had a cigarette and they put the cigarette in the ashtray away from the picture. but they haven't closed the deal on the p
CSPAN
Dec 6, 2012 12:00pm EST
administration. this one step would blunt the impact of the fiscal cliff for the vast majority of americans and give them the certainty they so badly need. it would also be a serious down payment on meaningful deficit reduction and ensure that our budget more closely reflects our values. , our fundamental belief in the american dream that if you work hard, you can still get ahead. leading republicans in the house and the senate, including senator snowe and congressman cole, have urged the house to move forward and pass this bill to provide badly needed security and certainty to middle-class families before the end of this year. i join their call. but let's not stop there. let's keep going and find additional areas of compromise and constructive common ground. to provide the business community with the certainty they need to plan, the deployment of investment capital so they can get americans back to work, to provide the market with certainty to sustain this recovery while continuing to invest in our future, and for families who need to know their budget future and who need to be able to hav
CSPAN
Dec 6, 2012 1:00pm EST
issues we have to work out? we know there is broad agreement that going over the so-called fiscal cliff would jeopardize the economic recovery. it would do that by increasing taxes on families, halting employment growth, driving unemployment up instead of down, triggering a deep cuts to programs that families across the country count on. the job before the united states congress is to reach an agreement that builds on the economic progress that we are making, and puts us on a path to fiscal stability. we need to cut more spending, and generate more revenue. we need to do it in a smart way that keeps our economy growing. earlier this year, congress extended the payroll tax cut through 2012. the two percentage point payroll tax cut has played an important role to sustain the recovery. boosting economic growth by an estimated 0.5% of one percentage point, and creating 400,000 jobs. we should continue the payroll tax cut through 2013, and yesterday i introduce legislation that would keep the employee payroll tax at 4.2% next year. to keep the economy growing -- there is good evidence of tha
Search Results 0 to 26 of about 27 (some duplicates have been removed)